Iowa Mobile Sports Betting Sees $273M Handle in December
Iowa’s mobile sports betting market closed out 2024 with a strong performance, recording $273 million in total wagers during December. Bettors received $259 million in payouts, leaving operators with a combined $13.8 million in net revenue for the month.

Mobile Betting Leads the Way
Mobile sports betting accounted for $273 million of the total handle, with operators earning $13.8 million in net revenue.
This shows the growing preference among Iowa bettors for the convenience of online platforms, which now form the backbone of the state’s sports wagering industry.
Top Mobile Operators in December
- DraftKings: Led the pack with $5.6 million in net revenue from $99.4 million in handle.
- FanDuel: Secured second place, generating $5.2 million in net revenue from $78.5 million wagered.
- Bet365: Achieved $978,000 in net revenue with a handle of $17.4 million.
- William Hill (Caesars): Posted $1.1 million in net revenue from $27.3 million in handle.
- PointsBet: Reported $593,000 in net revenue from $9.5 million wagered.
Other notable performers included:
- BetMGM: Earned $350,000 in net revenue from $24.1 million in bets.
- ESPN BET: Reported $29,500 in net revenue with a handle of $8 million.
- BetRivers: Generated $158,000 in net revenue from $3.5 million in handle.
Struggling Operators
Some platforms faced challenges in December:
- Betfred Sports: Posted a $42,000 loss with minimal betting activity.
- Bally Bet: Reported a $37,000 loss with a handle of just $861,000.
- Q Casino Sportsbook: Suffered a $6,500 loss from a handle of $100,000.
- Sporttrade: Experienced a $35,000 loss on $1 million in bets.
Retail Betting Performance
Retail sportsbooks contributed $20 million to the total handle in December, with net revenue amounting to $500,000.
While retail betting plays a smaller role compared to mobile, it remains an important segment for operators looking to engage in-person bettors.
Despite challenges for some operators, December’s total handle of $293 million showcased the strength and maturity of Iowa’s sports betting market
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